Well had my bitch about the upcoming placement to blackwood,...

Well had my bitch about the upcoming placement to blackwood, dont agree with it but not much we can do about it, so guess we focus on the upcoming positives.

*Drilling will reccomence immediately once placement is voted through

*Significant potential to upgrade Pungkut with further drilling, imo Id be looking at next upgrade to come in around 1.5mil oz+ if further drilling conintues to hit good grades at old camp (just my opinion)

*Cash in bank $2mil will last atleast until year end, giving oropa/blackwood enough time to start seriously pushing the story to the market which should lead to a significant rerating

*New director to be appointed in time, someone hopefully with a good reputation that will get the market talking.

*Even fully diluted oropa only has around 350mil shares, which most are held by the top20, for blackwood to get out of the 100mil stock they get from placement they will have no choice but to get oropa sp moving moving forward as there is no market to sell significant amounts at these levels.

*Gold ranging between $900 - $1000, in time gold will break through $1000 imo, oropa still remains a take over target based on current resource & significant potential to increase resource at current targets & numerous untested targets.



At these levels hard not to call it a buy, just need management to start pushing oropa as a serious gold player & look after there shareholders in the futures, see how things go after meeting later this month.